The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

CVR Energy Subsidiary Extends Crude Oil Supply Pact

Thursday, July 22, 2010

CVR Energy Subsidiary Extends Crude Oil Supply Pact17:05 EDT Thursday, July 22, 2010SUGAR LAND, Texas, July 22 /PRNewswire-FirstCall/ -- Independent petroleum refiner Coffeyville Resources Refining & Marketing, LLC, a subsidiary of CVR Energy, Inc. (NYSE: CVI), announced today that it has agreed to extend by a year the term of its crude oil supply agreement with Vitol Inc. (Logo: �http://photos.prnewswire.com/prnh/20071203/CVRLOGO)(Logo: �http://www.newscom.com/cgi-bin/prnh/20071203/CVRLOGO)Under the amended agreement, Vitol agrees to continue to provide crude oil supply and logistics intermediation on behalf of Coffeyville Resources Refining & Marketing through Dec. 31, 2012. �Founded in 1966, the Vitol Group is one of the world's largest marketers and distributors of crude oil and petroleum products. �The Vitol group of companies operates from six major offices, including one in Houston. �Vitol also has interests in oil terminals and energy related assets worldwide. �About CVR Energy, Inc. Headquartered in Sugar Land, Texas, CVR Energy, Inc.'s subsidiary and affiliated businesses include an independent refiner that operates a 115,000 barrel per day refinery in Coffeyville, Kan., and markets high value transportation fuels supplied to customers through tanker trucks and pipeline terminals; a crude oil gathering system serving Kansas, Oklahoma, western Missouri and southwestern Nebraska; an asphalt and refined fuels storage and terminal business in Phillipsburg, Kan.; and through a limited partnership, an ammonia and urea ammonium nitrate fertilizer business located in Coffeyville, Kan.For further information, please contact: Investor Relations: Media Relations: Stirling Pack, Jr.Steve Eames CVR Energy, Inc.CVR Energy, Inc. 281-207-3464281-207-3550 InvestorRelations@CVREnergy.comMediaRelations@CVREnergy.comSOURCE CVR Energy, Inc.For further information: Investor Relations, Stirling Pack, Jr., +1-281-207-3464, InvestorRelations@CVREnergy.com, or Media Relations, Steve Eames, +1-281-207-3550, MediaRelations@CVREnergy.com, both of CVR Energy, Inc.